Micron's 279% Rally May Not Be Over. Baird Says Agentic AI Could Drive Chip Stock to New Heights.

Source: International Business Times

The investment firm reiterated its outperform rating on Micron and raised its price target to $1,520 from $1,280, a level that would take the chipmaker into record territory. Getty Images Micron Technology's extraordinary 2026 rally may have significantly more room to run as a new wave of artificial intelligence demand reshapes the memory chip market, according to Baird. The investment firm reiterated its outperform rating on Micron and raised its price target to $1,520 from $1,280, a level that would take the chipmaker into record territory.